Strategy Adds 196 BTC, Total Holdings Climb to 640,031 BTC

Strategy Inc. has expanded its already massive Bitcoin treasury, purchasing 196 BTC for approximately $22.1 million at an average price of $113,048 per coin.

Executive chairman Michael Saylor confirmed the acquisition on X, noting that as of September 28, 2025, the company now holds 640,031 BTC.

According to Saylor, Strategy’s Bitcoin was acquired at an average purchase price of roughly $73,983 per BTC, bringing the firm’s cumulative investment to $47.35 billion. This latest buy highlights Strategy’s continued conviction in Bitcoin as its primary corporate treasury reserve asset, even as prices hover near record highs.

The move was also detailed in a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC), dated September 29, 2025. The filing confirms the purchase and lists Strategy’s securities across Nasdaq, including its Class A common stock (MSTR) and several preferred stock classes.

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This addition cements Strategy’s status as the largest corporate Bitcoin holder worldwide, with a stash larger than most nation-states. The firm has consistently added to its Bitcoin position through open market purchases and debt issuance, reinforcing Saylor’s long-standing thesis that Bitcoin serves as a superior long-term store of value compared to traditional assets.

With 640,000 BTC under management, Strategy has effectively tied its corporate identity and balance sheet to the cryptocurrency’s long-term trajectory, a strategy that continues to shape institutional sentiment toward Bitcoin adoption.